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Analysts believe, the progress of monsoon, FII and DII fund flows and the upcoming Q2 earnings, are the key triggers for Indian markets
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Reaches Delhi and Mumbai on the same day, first time since 1961
Normally, the monsoon officially begins in Mumbai in the second week of the June
Arhar dal is one of the most widely consumed pulses in the country but its production is always less than domestic demand, leading to reliance on imports
IMD says the northwest monsoon will hit central or eastern regions in two days. Farmers will get massive relief as they can now begin the planting process
Area sown to oilseeds remained low at 0.41 million hectares till last week, as against 0.48 million hectares in the year-ago period
Already struggling with waterlogging and traffic jams, Bengaluru is expecting more rain and thunderstorms in the coming days. IMD predicts moderate to heavy rain in the next five days.
The monsoon, the lifeblood of India's $3 trillion economy, delivers nearly 70% of the rain needed to water its farms and recharge reservoirs and aquifers
IMD expects that the southwest monsoon could reach Mumbai in 72 hours. IMD head, Anupam Kashyapi, explains the reason behind the delay.
A survey conducted by 11 municipal councils and five nagar panchayats in Raigad in Maharashtra ahead of the monsoon has found 256 dangerous buildings in the district, an official said on Thursday. Three municipal councils, namely Khalapur, Shrivardhan and Pali did not carry out surveys, he added. "The collector had ordered carrying out of such surveys. There are 50 dangerous buildings in Uran, 36 in Khopoli, 29 in Pen, 23 in Mahad and 17 in Alibag. A total of 73 buildings are in very dangerous condition," he said. "The most dangerous category includes 25 buildings in Alibag, 13 each in Mahad and Pen. Now, notices will be issued to those occupying such structures to save them from any untoward incident," he added. Incidentally, on August 24, 2020, a building collapse in Mahad in the district had killed 16 persons, leaving 45 households without shelter.
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Private forecasting agency Skymet Weather Monday predicted a bleak monsoon in India over the next four weeks, raising concerns about the impact on agriculture. "Extended Range Prediction System (ERPS) is projecting a dismal outlook for the next four weeks, until July 6. Agriculture heartland is looking rather cracked and parched. This coincides with the crucial time of sowing or at least preparing the field, with the hope of impending rains," it said. The central and western parts of India, which form the core monsoon zone, may face challenges in coping with the drying effects due to inadequate rainfall early in the season, Skymet Weather said. The southwest monsoon reached Kerala on June 8, a week after the usual date of June 1. Cyclone Biparjoy in the Arabian Sea first delayed the monsoon onset over Kerala and is now impeding the advance of the rain-bearing system, preventing it from reaching the interior regions of the peninsula, the private agency said. While monsoon rains usu
Less-than-expected rainfall and a poor spatial distribution, experts say, can rekindle fears of a rise in food and fuel inflation that can have an impact on the RBI's monetary policy.
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June 1-8 rain 60 per cent deficient; 52% of India net cultivated area relies on monsoon
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June rains over most parts of India are expected to be 'below normal' during the four-month southwest monsoon
A cyclonic circulation which is set to develop into a low-pressure area over the southeast Arabian Sea and intensify in the next two days is expected to critically influence the advance of the monsoon towards the Kerala coast, the India Meteorological Department said on Monday. The weather department, however, did not give a tentative date for the arrival of the monsoon in Kerala. "Westerly winds over the south Arabian Sea continue to prevail up to 2.1 km above mean sea level. However, because of a cyclonic circulation over the southeast Arabian Sea, the cloud mass is more organized and concentrated over the same area and there has been some reduction of clouds off the Kerala coast in the last 24 hours. "Also, under the influence of this cyclonic circulation, a low-pressure area is very likely to form over the same region during the next 24 hours. It is likely to move nearly northwards and intensify into a depression over the southeast and adjoining east central Arabian Sea during t